Data Management for Dummies
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In the beginning was the Word. What is the “Word”? For the purposes of this article, the “word” is Data or Information. It is the basis of all things. ...

In the beginning was the Word. What is the “Word”? For the purposes of this article, the “word” is Data or Information. It is the basis of all things.

Why do we pay so much attention to things rather than the information about them? “Things” are what we can see. “Information” or “Data” about things is what we know about them. One thing may have different definitions, and its Information / Data may vary. These ideas really belong in a philosophy course. The better definition you have, the better you understand the thing itself.

Data or Information about things is as important as the things themselves. If you have things but you don’t have information about them, you may have to consider that you don’t really have these things.

This presentation is for people who think that Data or Information is an issue for them. For those who think they can own and not understand. This is Data Management for Dummies.

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  • Great way of telling a rather complex story in a easy to understand way. Thanks.
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  • Amazing Dmitry
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Data Management for Dummies Presentation Transcript

  • 1. ATTENTION DATA i(“Data Management for Dummies”) Dmitry Kovalchuk
  • 2. Your companydepends on resources
  • 3. You plan resources
  • 4. You plan resourcesYou pull resources
  • 5. You plan resourcesYou pull resourcesYou store resources
  • 6. You plan resourcesYou pull resourcesYou store resourcesYou utilize resources
  • 7. You manage your resources to be effective
  • 8. You manage finances
  • 9. You manage people
  • 10. You manage inventories
  • 11. You manage time
  • 12. Why don’t you manage your data?
  • 13. Data is not atrivial resource
  • 14. Data volumes grow muchfaster than your other resources V About 40% a year $ t
  • 15. Perhaps your data is…no longer timely
  • 16. Perhaps your data is…no longer timelyhard to access
  • 17. Perhaps your data is…no longer timelyhard to accesspoor quality
  • 18. Perhaps your data is…no longer timelyhard to accesspoor qualityincomplete
  • 19. I hope you areaware of this problem
  • 20. Why do youput up with it?
  • 21. Imagine that your other resources…
  • 22. are no longer timely
  • 23. are hard to access
  • 24. are poor quality
  • 25. are incomplete
  • 26. Of course you can take stepsto avoid these problems
  • 27. ATTENTIONif you don’t manage data it can become a cancer…
  • 28. It can be invisible - youmight not know about it
  • 29. It penetrates everywhere
  • 30. It harms you from the inside
  • 31. You get inaccurate reports
  • 32. You make bad decisions
  • 33. You spend more and more on remediation
  • 34. You become ineffective
  • 35. But I havegood news for you
  • 36. Hundreds of companies have avoided this bad situation
  • 37. They know one secret
  • 38. They manage their data like other resources
  • 39. Their data is always… in the right time and place
  • 40. Their data is always… in the right time and place the right volume
  • 41. Their data is always… in the right time and place the right volume the right quality
  • 42. Their information isaccurate
  • 43. Their information isaccurateThey makeintelligent decisions
  • 44. Their information isaccurateThey makeintelligent decisionsThey trust theirdecisions
  • 45. They are successful
  • 46. Do you want to be like them?
  • 47. It is NOT simple:Manage Your Data
  • 48. Best practices to get you started
  • 49. Start with the most important information – Master Data materials sites customersproducts services equipment suppliers employees assets partners
  • 50. Start small – choose one data domain CRM DWHERP Other Customer Master Data such as Customer Master Data
  • 51. Big Metadata data Transactiona l data Enterprise Reference Information Unstructured data data Other data Master dataThink Big – move towards Enterprise Information Management
  • 52. Responsibilities Accountability Procedures Processes Standards Policies Metrics RolesStable Data Governance
  • 53. Implement prescriptive technologies
  • 54. Measure the quality of data and business benefits
  • 55. All this leads to:
  • 56. Your data is a usable,trustworthy resource
  • 57. Thank you for attention see more http://mdmcommunity.ning.com/http://www.linkedin.com/groups/MDM-World-4558032/about